OTHERS Acquisition of a new subsidiary Ikram Infra Venture Sdn. Bhd.
PROTASCO BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Acquisition of a new subsidiary Ikram Infra Venture Sdn. Bhd. |
Protasco Berhad ("the Company" or "PB") wishes to inform that its wholly-owned subsidiary, Ikram Education Sdn. Bhd., had acquired 2 subscribers’ shares in a shelf company known as Ikram Infra Venture Sdn. Bhd. (“IIVSB”) for cash at par, representing 100% paid up share capital of IIVSB. IIVSB is intended to carry out education related business. The said acquisition would not have any material effect on PB Group's earnings and net assets for the financial year ending 31 December 2017. None of the directors and major shareholders of the Company and persons connected to the directors and major shareholders of the Company has any interest, either direct or indirect, in the above acquisition. |
Announcement Info
Company Name | PROTASCO BERHAD |
Stock Name | PRTASCO |
Date Announced | 04 May 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-04052017-00049 |